35
Hey All,
Can everyone please explain how can we handle like-kind exchange of asset in AX 2012 R3.
Example: I have an asset acquired for $2000 and $400 have been depreciated till date. Now I am exchanging this asset with another same kind of asset and paying $500 more.
How can we handle this in AX.
Thanks,
Naif
*This post is locked for comments
Thanks Ludwig for your help.
Regards,
Naif
Hello Naif,
If the asset is exchanged, I would probably create a new fixed asset and shift the remaining net book value to the newly created one. This can e.g. be done with the help of the asset split functionality. The additional $500 can then be added on top by posting another acquisition or acquisition adjustment transaction.
Best regards,
Ludwig
Stay up to date on forum activity by subscribing. You can also customize your in-app and email Notification settings across all subscriptions.
#1
André Arnaud de Cal...
291,280
Super User 2024 Season 2
#2
Martin Dráb
230,214
Most Valuable Professional
#3
nmaenpaa
101,156
Share
Report
All responses (
Answers (